What is Card Testing Fraud?
Card testing fraud, also known as carding, is a method used by cybercriminals to test stolen credit card information online. This process involves using the card details to make small purchases to check if the card is valid and active.
How to Spot Card Testing Fraud
- Small test purchases: Be cautious of multiple small purchases made within a short period.
- Unexpected account activity: Monitor your account for any unauthorized transactions.
- Multiple failed transactions: Multiple failed attempts at transactions could indicate card testing.
Preventing Card Testing Fraud
- Use secure payment methods: Opt for payment methods that offer additional security measures like two-factor authentication.
- Check for SSL certificates: Ensure the website you are buying from has a valid SSL certificate for secure transactions.
- Keep software updated: Regularly update your computer and antivirus software to protect against malware.